Thread

Tweet 1

@grinberg_avi ENS is a DAO (decentralized autonomous organization) which means the holders of it's token control it. They just gave everyone who registered a .eth some amount of it depending on when you registered. For me this is worth ~$3-5k.

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Tweet 2

@grinberg_avi The tokens entitle me some control of the organization (which I will delegate). I think they might also entitle me to some of the fees the ENS collects (it costs eth to register a .eth). But I'm not sure.

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Tweet 3

@grinberg_avi I can also just sell them. My back of the envelope math suggests they should be worth ~$3 but are currently worth ~$30. But I don't really know anything. I'm also going to wait for gas to be cheaper to claim my tokens. I have until May.

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